JPLD vs. VNQ

Last updated Jun 13, 2026

JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) and VNQ (Vanguard Real Estate ETF) are both exchange-traded funds - JPLD is a Short-Term Bond fund actively managed by JPMorgan, while VNQ is a REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index. JPLD is actively managed, while VNQ is passively managed. Over the past year, JPLD returned 4.54% vs 12.92% for VNQ. At a 0.31 correlation, their price movements are largely independent. JPLD charges 0.24%/yr vs 0.13%/yr for VNQ.

Performance

JPLD vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPLD achieves a 1.20% return, which is significantly lower than VNQ's 12.51% return.

JPLD

• 1D: -0.04%
• 1M: 0.18%
• YTD: 1.20%
• 6M: 1.54%
• 1Y: 4.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VNQ

• 1D: 0.92%
• 1M: 2.73%
• YTD: 12.51%
• 6M: 12.32%
• 1Y: 12.92%
• 3Y*: 10.14%
• 5Y*: 2.55%
• 10Y*: 5.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JPLD vs. VNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	1.20%	6.01%	6.49%	3.15%
VNQ Vanguard Real Estate ETF	12.51%	3.24%	4.81%	6.62%

Correlation

The correlation between JPLD and VNQ is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023	0.31

JPLD vs. VNQ - Sectors Allocation Comparison

Sectors	JPLD	VNQ
Financial Services	13.8%	0.1%
Communication Services	10.1%	0.6%
Technology	8.0%	0.3%
Real Estate	8.0%	97.3%
Healthcare	5.6%	-
Consumer Cyclical	1.6%	-
Basic Materials	1.4%	1.1%
Utilities	0.4%	-
Energy	0.1%	0.1%
Industrials	0.1%	0.0%
Consumer Defensive	0.1%	-

Return for Risk

JPLD vs. VNQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JPLD

JPLD Risk / Return Rank: 93
JPLD Sharpe Ratio Rank: 94
JPLD Sortino Ratio Rank: 96
JPLD Omega Ratio Rank: 95
JPLD Calmar Ratio Rank: 88
JPLD Martin Ratio Rank: 93

VNQ

VNQ Risk / Return Rank: 32
VNQ Sharpe Ratio Rank: 30
VNQ Sortino Ratio Rank: 28
VNQ Omega Ratio Rank: 28
VNQ Calmar Ratio Rank: 35
VNQ Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JPLD vs. VNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) and Vanguard Real Estate ETF (VNQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JPLD	VNQ	Difference
Sharpe ratio: Return per unit of total volatility	3.17	0.96	+2.21
Sortino ratio: Return per unit of downside risk	5.11	1.39	+3.72
Omega ratio: Gain probability vs. loss probability	1.66	1.17	+0.48
Calmar ratio: Return relative to maximum drawdown	4.54	1.56	+2.98
Martin ratio: Return relative to average drawdown	21.02	4.90	+16.12

JPLD vs. VNQ - Sharpe Ratio Comparison

The current JPLD Sharpe Ratio is 3.17, which is higher than the VNQ Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of JPLD and VNQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JPLD vs. VNQ - Drawdown Comparison

The maximum JPLD drawdown since its inception was -1.17%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for JPLD and VNQ.

Drawdown Indicators

	JPLD	VNQ	Difference
Max Drawdown Largest peak-to-trough decline	-1.17%	-73.07%	+71.90%
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	-8.34%	+7.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.40%	—
Current Drawdown Current decline from peak	-0.04%	0.00%	-0.04%
Average Drawdown Average peak-to-trough decline	-0.15%	-13.61%	+13.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	2.65%	-2.43%

Volatility

JPLD vs. VNQ - Volatility Comparison

The current volatility for J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) is 0.38%, while Vanguard Real Estate ETF (VNQ) has a volatility of 4.72%. This indicates that JPLD experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPLD	VNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	4.72%	-4.34%
Volatility (6M) Calculated over the trailing 6-month period	0.97%	9.77%	-8.80%
Volatility (1Y) Calculated over the trailing 1-year period	1.46%	13.54%	-12.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.83%	18.84%	-17.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.83%	20.72%	-18.89%

JPLD vs. VNQ - Expense Ratio Comparison

JPLD has a 0.24% expense ratio, which is higher than VNQ's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JPLD vs. VNQ - Dividend Comparison

JPLD's dividend yield for the trailing twelve months is around 4.20%, more than VNQ's 3.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.20%	4.24%	4.47%	1.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNQ Vanguard Real Estate ETF	3.54%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%

Frequently Asked Questions

Can I hold both JPLD and VNQ in my portfolio?

JPLD and VNQ have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPLD or VNQ?

VNQ has higher volatility (4.72%) compared to JPLD (0.38%). In terms of maximum drawdown, JPLD dropped -1.17% vs VNQ's -73.07%.

Which ETF is better, JPLD or VNQ?

On 1-year performance, VNQ leads with 12.92% vs 4.54% for JPLD. On fees, VNQ is cheaper at 0.13% per year. On volatility, JPLD has been the lower-risk option at 0.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPLD or VNQ?

Over the 1-year period, VNQ has performed better with a 12.92% return vs 4.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPLD or VNQ?

VNQ is cheaper with a 0.13% expense ratio, compared with 0.24% for JPLD.

Which ETF pays a higher dividend yield, JPLD or VNQ?

JPLD has the higher dividend yield at 4.20%, compared with 3.54% for VNQ.

What is the main difference between JPLD and VNQ?

JPLD is categorized as Short-Term Bond, while VNQ is REIT. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.24% for JPLD and 0.13% for VNQ.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (3.17 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.